Street-Level Office
For Sale
$850,000
C-3400 Malone Dr, Atlanta, GA 30341
Renovated commercial condominium with flexible office, retail, showroom, boutique, or service-space potential.
Property Size2,455 SF
Price / SF$346.23
Days on Market16
Property Features for C-3400 Malone Dr
General Information
Standard status
Active
Size
2,455 SF
Site & Location
Road Access
Yes
Public Transit
Yes
Additional Details
Floor
Street Level
Listing Agency:
Bull Realty, Inc.
(404) 876-1640
Listed By:
JAKE STRANGE · License ##439191
(404) 876-1640
Source:
Exprealty
Added: Jul 21
Changed: Jul 31
Last Checked: Jul 31 at 6:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bull Realty, Inc.
Investment Insights
Based on property information with market context.
Suite C is a ±2,455 SF street-level commercial condominium on Malone Drive. The space is fully renovated with high-end finishes and is currently configured for office use, with flexibility to convert to retail, showroom, boutique, or service space. The property is suited to owner-users or investors seeking a finished commercial unit with multiple potential configurations.
The suite is positioned in an established mixed-use district with street visibility and walkable foot traffic. Surrounding amenities include restaurants, breweries, boutique retail, and dense residential growth. The property is minutes from the MARTA Chamblee station and Rail Trail, supporting access to daytime professionals as well as evening and weekend activity.
The suite is positioned in an established mixed-use district with street visibility and walkable foot traffic. Surrounding amenities include restaurants, breweries, boutique retail, and dense residential growth. The property is minutes from the MARTA Chamblee station and Rail Trail, supporting access to daytime professionals as well as evening and weekend activity.
Key Highlights
- ±2,455 SF street‑level commercial condominium
- Fully renovated with high‑end finishes
- Currently configured for office use
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.6k | $23.87 |
| − Vacancy | −$14.8k | −$6.02 |
| EGI | $43.8k | $17.85 |
| − OpEx | −$11.0k | −$4.46 |
| NOI | $32.9k | $13.39 |
2,455 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$469.6K
$410.9K – $547.9K
NOI $32,875 @ 7.0% cap · market cap 3.87%
Second Best
Retail
$408.8K
$357.7K – $476.9K
NOI $28,613 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$686.3K
$600.5K – $800.7K
NOI $48,039 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,549
Businesses Nearby
Explore this area
Business Placement
Demographics for 30341, GA
35,959
Population
15,347
Households
2.3
Avg Household Size
33
Median Age
54%
College-Educated
86%
High-School Grad
10.0 sq mi
ZIP Area
3,596
Density / Sq Mi
$81,774
Median Household Income
$55,563
Median Earnings
$1,746
Median Rent
$438,500
Median Home Value
Market
Vacancy Rate% for Office in Atlanta, GA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Renovated commercial condominium with flexible office, retail, showroom, boutique, or service-space potential.
Where is this office units located?
The property is located at C-3400 Malone Dr Atlanta, GA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: ±2,455 SF street‑level commercial condominium; Fully renovated with high‑end finishes; Currently configured for office use
